Hibiscus Petroleum plans FY19 capex of RM190 million

PETALING JAYA: Oil and gas exploration and production company, Hibiscus Petroleum Bhd, plans to allocate capital expenditure (capex) of about RM190 million for the financial year ending June 30, 2019 (FY19), for its oil and gas fields in north Sabah and the North Sea Anasuria Cluster. Managing director Kenneth Pereira said the company remained undecided [ ]